Member Article

One Stop Business Finance, a commercial lender from York, Named as the 46th Fastest Growing Company on the North of England’s 2023 Fast Grow

One Stop Business Finance, an alternative lender operating in the commercial finance sector has been recognised as the 46th fastest-growing business in the North of England. This is part of the Fast Growth 50 index for 2023, which identifies the fifty fastest-growing companies across six nations and regions, including the North of England. This achievement underlines the Group’s significant impact on the North of England’s economy and its capacity for growth and innovation, whilst supporting businesses when the mainstream methods may have been exhausted. About the Fast Growth 50: The Fast Growth 50 is an annual index that identifies the top 50 fastest-growing companies across six nations and regions, including the North of England. This year’s index for the North of England has highlighted businesses from multiple sectors that together generated a turnover of £1 billion, at an average growth rate of 199 percent, with the creation of over 4,789 jobs last year. Role in the North of England’s Business Scene:

Being part of the Fast Growth 50, York-based One Stop Business Finance has shown strong performance and made a positive contribution to the North of England’s thriving business community. Professor Dylan Jones-Evans OBE, Founder Fast Growth 50 said:

“The UK Fast Growth 50 Index demonstrates that a small number of fast growth firms such as One Stop Business Finance make a substantial contribution to the UK’s economic landscape, providing real examples of how innovation, enterprise and sheer hard work can make a real difference in all sectors from construction to financial services to technology.

Their incredible growth during difficult times shows that through generating wealth and jobs in their local communities, entrepreneurship is the cornerstone of regional and national prosperity.

Most important of all, their success stories demonstrate the impact of ambition and adaptability, providing a blueprint for sustainable growth that will hopefully inspire others to follow a similar journey.“

This year’s Fast Growth 50 North of England list is in partnership with UBS, the world’s leading and truly global wealth manager.

Mark Goddard, Head of UK Regions at UBS Global Wealth Management said:

“Business owners and entrepreneurs are the engine of our economy, and UBS has a long history advising and connecting them on each stage of their wealth journey, helping them to unlock their potential. Led by entrepreneurial spirit and often solving some of the UK’s biggest issues, the level of talent and innovation uncovered through this year’s list shows that more needs to be done to support small businesses to strengthen local economies and give back to the local community. As the lead sponsor of this year’s Fast Growth 50, UBS is looking forward to following and supporting these businesses as they go from strength to strength.”

Andrew Mackenzie, Group Managing Director of One Stop Business Finance commented on the achievement:

“As a fast-growing business which delights in supporting the funding requirements of other small businesses, we are delighted to feature in this list.

This type of recognition based on factual information reported in the public domain is particularly noteworthy and recognises all the hard work that our team has put in over recent years to grow our business.

With our recent business development recruitment, giving us a national presence, we are confident that the growth will continue for the next few years.“ says Andrew Mackenzie.

During 2020 to 2022, One Stop Business Finance was instrumental in the Fast Growth 50’s collective turnover increase of £706 million, also creating new jobs companywide in the past year.

This highlights the firm’s role in the North of England’s economic growth, particularly post-COVID-19.

The Fast Growth 50 features companies from various sectors, adding to the diversity of the North of England’s economy. One Stop Business Finance with its focus in the alternative lending sector plays a vital role in this varied business landscape. Looking forward, One Stop Business Finance has plans to continue to expand its workforce, extending their market reach to even more small businesses across the country.

This was posted in Bdaily's Members' News section by Anne Taylor .